Lebanon Area Chamber Of Commerce is located in Lebanon, MO. The organization was established in 1971. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lebanon Area Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2024, Lebanon Area Chamber Of Commerce generated $133.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $133.0k during the year ending 09/2024. While expenses have increased by 0.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE LEBANON AREA CHAMBER OF COMMERCE IS ORGANIZED TO PROMOTE LOCAL BUSINESS IN LEBANON MISSOURI.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Emily Huckaby Secretary | 5 | $0 | |
Melissa Wehner President | 5 | $0 | |
Lance Boyer Treasurer | 5 | $0 | |
Mark Campbell Director | 2 | $0 | |
Dr David Schmitz Director | 2 | $0 | |
Brett Thompson Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $128,838 |
Investment income | $10 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,277 |
Other Revenue | $49 |
Total Revenue | $133,174 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $96,868 |
Professional fees and other payments to independent contractors | $4,780 |
Occupancy, rent, utilities, and maintenance | $471 |
Printing, publications, postage, and shipping | $974 |
Other expenses | $29,864 |
Total expenses | $132,957 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,494 |
Other assets | $0 |
Total assets | $33,494 |
Total liabilities | $1,622 |
Net assets or fund balances | $31,872 |